search query: @author Fischer, M. / total: 15
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| Author: | Fischer, M. Raman, A. |
| Title: | Reducing the cost of demand uncertainty through accurate response to early sales |
| Journal: | Operations Research
1996 : JAN-FEB, VOL. 44:1, p. 87-99 |
| Index terms: | OPERATIONAL RESEARCH DEMAND UNCERTAINTY |
| Language: | eng |
| Abstract: | Traditionally, fashion products have incurred high losses due to stockouts and INVENTORIES obsolence because long lead times coupled with a concentrated selling season force all or at least most production to be committed before demand information is available. Under a Quick Response system, lead times are shortened sufficiently to allow a greater portion of production to be scheduled in response to initial demand. The authors model and analyze the decisions required under Quick Response and give methodology. |
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